The market for antidepressant drugs was valued at $15,651.0 million in 2020 and is expected to reach $21,004.8 million by 2030, with a CAGR of 3.0% from 2021 to 2030. Antidepressants are a type of medication that helps to alleviate the symptoms of depression. Major depressive disorder has become the leading cause of disability in the world, affecting over 300 million people.
Antidepressant medications work by increasing the levels of excitatory neurotransmitters, or chemicals produced by nerve cells that act as messengers in the nervous system. These medications are also used to treat a variety of disorders, including generalised anxiety disorder, obsessive-compulsive disorder (OCD), and post-traumatic stress disorder (PTSD) (PTSD). It is also used to treat people who suffer from chronic pain. Antidepressant medications can be used as a first-line treatment for depression or in conjunction with other methods of depression management, such as behavioural therapy and exercise.
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Global Antidepressant Drugs: Top Key Players
Alkermes
Allergan
Bristol Myers Squibb
Eli Lilly
GlaxoSmithKline
Lundbeck
Merck
Pfizer
Teva
Takeda
Global Antidepressant Drugs: By Types
Major Depressive Disorder
Obsessive-Compulsive Disorder
Generalized Anxiety Disorder
Panic Disorder
Global Antidepressant Drugs: By Applications
Tricyclic Antidepressants
Selective Serotonin Reuptake Inhibitors
Serotonin-norepinephrine reuptake Inhibitors
Monoamine oxidase inhibitors
Serotonin antagonist and reuptake inhibitors
Geographically, the detailed analysis of consumption, revenue, and market share and growth rate of the following regions:
United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.
Key Benefits For Stakeholders:
- The study provides an in-depth analysis of the antidepressant drugs market, and the current trends & future estimations to elucidate imminent investment pockets.
- It presents a quantitative analysis of the market from 2021 to 2030 to enable stakeholders to capitalize on the prevailing antidepressant drugs market opportunities.
- Extensive analysis of the market based on procedures and services assists to understand the trends in the industry.
- Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the antidepressant drugs market.
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FAQs
• What is the driving factor for the growth of the Antidepressant Drugs?
• How will the COVID-19 pandemic impact the demand and consumption of the Antidepressant Drugs?
• What is the major application area of the Antidepressant Drugs market?
• Who are the Antidepressant Drugs manufacturers across the globe?
• Which geographical location is dominant in the Antidepressant Drugs?
• Which are the top industry players in the Antidepressant Drugs?
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